Exclusive | NYC parents are paying through the nose for luxe labels as their couture-craving kids head back to school: 'A mortgage payment'

To bougie Gen Alphas and Gen Zs heading back to school, the ABCs stand for Alo, Balenciaga and Chanel.

Luxury labels, designer devices, and A-list accessories are at the top of the list of demands from social media-influenced youngsters returning to the classroom this semester.

And, according to alarming new data, New York parents are paying the most money in the US to keep their kids haute in the hallways. 5

“The [national] average back-to-school spending per child is $774,” said researchers for CouponBirds , an online discounts hub, before noting that Big Apple moms and dads are spending approximately $1,348 per child.

Nurka Lucevic, a Queens mother of four, has shelled out $2,500 — an amount she likens to “a mortgage payment” — on choice clothes, name brand bags and Stanle